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Dec 28, 2012
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the payroll taxes is going away. making sure that -- things like unemployment insurance, huge stimulus for the economy, one of the highest multipliers, if that was gone we would have -- you know, we would be dumping back into another recession the president is a fan of abraham lincoln but creating a civil war is hyperbolic even for charles krauthammer. where is that guy? can we sign him up? where is he lurking now? the reality is this man has been willing to compromise to the chagrin of those progressives on and on the left so much of the political capital he's generated as a result of his re-election, again, in deference to the common good. he's looking out for the american people but the problem is here that the republicans to -- borrow the phrase here, at gunpoint. literally have us with -- if we want assault bans, let's ban the assault of the right-wing element of the conservative party against president obama by holding hostage american interests here. >> they got enough of that last year and clearly haven't. >>
the payroll taxes is going away. making sure that -- things like unemployment insurance, huge stimulus for the economy, one of the highest multipliers, if that was gone we would have -- you know, we would be dumping back into another recession the president is a fan of abraham lincoln but creating a civil war is hyperbolic even for charles krauthammer. where is that guy? can we sign him up? where is he lurking now? the reality is this man has been willing to compromise to the chagrin of those...
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Dec 25, 2012
12/12
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i got a kick out of thigh 2, the question of the, should we tax the richmore. >> yes. >> no. >> i think she goes on instinct, but he understands economy. >> i wish them luck. >> my bottom line if we keep you voting for politicians that want to pass more laws and raise more taxes, and spend more money, the result will be a country governed by piecemeal social implemensocialism,biggest leaves prosperous and less free, being realistic means we have to fight our instinct. that is our show, thanks for watching. watching. good night with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity opon.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account.
i got a kick out of thigh 2, the question of the, should we tax the richmore. >> yes. >> no. >> i think she goes on instinct, but he understands economy. >> i wish them luck. >> my bottom line if we keep you voting for politicians that want to pass more laws and raise more taxes, and spend more money, the result will be a country governed by piecemeal social implemensocialism,biggest leaves prosperous and less free, being realistic means we have to fight our...
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Dec 27, 2012
12/12
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they didn't even want millionaires to have any increase in taxes. those fanatics, being as fa nat cal as they are, might not even do what most of us assume they would do if we went over the curb and eventually come around. in other words, even the republicans as a whole are taking a shellacing in the polls, individual republicans, when they go back to their districts, they're most worried about being attacked from the right, having a primary challenger in 2014 from the right. so it's not exactly clear right now that the democrat strategy which i have been touting and you have been touting and most of us assume will be the strategy if we go over the curb, that is, come up with a bill that provides a middle class tax relief retroactive to the first of january, it's not 100% sure that's going to work any longer now that we know now fanatical the fanatics are. >> john, tell me how the republicans who refuse to go on with the boehner plan b could somehow, between now and new year's eve, go along with something else that was possibly less attractive to th
they didn't even want millionaires to have any increase in taxes. those fanatics, being as fa nat cal as they are, might not even do what most of us assume they would do if we went over the curb and eventually come around. in other words, even the republicans as a whole are taking a shellacing in the polls, individual republicans, when they go back to their districts, they're most worried about being attacked from the right, having a primary challenger in 2014 from the right. so it's not...
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Jan 1, 2013
01/13
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he's never voted to raise taxes. he is opposed to abortion. and republican primary voters there in missouri said hey, this sounds like our kind of guy. so democrats kind of meddled in that primary. they got the candidate that they wanted and he self destructed just as they wanted, making what should have been a tough reelection fight for claire mccaskell kind of a cake walk. >> as the royal mounted miss always say, we always get our money, and claire mccaskill got her man. >>> the president bounced back with two strong showings. here's a memorable line from the third debate that ranked as the number five quote of the year. take a look. >> you mentioned the navy, for example. we had fewer ships than we did in 1916. well, governor, we also have fewer horses and bayonets. because the nature of our military has changed. we have these things called aircraft carriers where planes land on them. we have the ships that go under water, nuclear submarines. >> talk about patronizing. meanwhile, perhaps the most memorable moment from the debates occurred i
he's never voted to raise taxes. he is opposed to abortion. and republican primary voters there in missouri said hey, this sounds like our kind of guy. so democrats kind of meddled in that primary. they got the candidate that they wanted and he self destructed just as they wanted, making what should have been a tough reelection fight for claire mccaskell kind of a cake walk. >> as the royal mounted miss always say, we always get our money, and claire mccaskill got her man. >>>...
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Dec 27, 2012
12/12
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and all tax rates will go up on income tax and estate taxes and all the bad stuff will happen and how she's good politics. >> look, politicians are creatures of narrow self-interest, from the self-interested standpoint of a republican house member from a safe district who fears a primary challenge, yes, it's better for them to wait three days, cast -- go over the cliff, cast a vote to cut taxes, and basically screw all the people who are going to be affected by it preserving their own jobs than it is to agree to a tax increase now and risk the wrath of the tea party right two years from now. >> chris, let me ask you about another possible, i hope it doesn't happen. next tuesday or next wednesday when the market reopens on january 2nd and they fully realize at that point that this cliff has been gone over and the congress has failed to meet its own targets which it set itself when it set this cliff up, who will pay the price if say the market drops 500 or 1,000 points and keeps dropping for two or three days and that creates the chances for a second dip, a second recession. who will be
and all tax rates will go up on income tax and estate taxes and all the bad stuff will happen and how she's good politics. >> look, politicians are creatures of narrow self-interest, from the self-interested standpoint of a republican house member from a safe district who fears a primary challenge, yes, it's better for them to wait three days, cast -- go over the cliff, cast a vote to cut taxes, and basically screw all the people who are going to be affected by it preserving their own...
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Dec 29, 2012
12/12
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people making 40 to $65,000 get a $2,000 tax hike and anyone, would see a $14,000 tax bump. where else would americans see the sting? talk to me about medicare and unemployment benefits. >> this whole metaphor we've been using about a fiscal cliff probably isn't the right one to be used. after all, if you go over a cliff, you usually don't get to live to tell about it unless you're batman or spider-man, but there are things that actually would happen right away and one of those things that would be right away in a negative impact would be unemployment benefits and 2 million americans would see the unemployment benefits and that would hurt the economy and that would hurt these people that are relying on this and the unemployment insurance has been seen as economic stimulus to get hands into the money of people who need it and they were things that actually get spread over the course of 2013 if there is no fix that is actually done and it is possible for congress to go back and fix things and talking about the increase of tax rates and there will also be spending cuts to gover
people making 40 to $65,000 get a $2,000 tax hike and anyone, would see a $14,000 tax bump. where else would americans see the sting? talk to me about medicare and unemployment benefits. >> this whole metaphor we've been using about a fiscal cliff probably isn't the right one to be used. after all, if you go over a cliff, you usually don't get to live to tell about it unless you're batman or spider-man, but there are things that actually would happen right away and one of those things...
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Jan 1, 2013
01/13
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this tax deal would also create a perm naanent fix for the alternative minimum tax and extend unemployment insurance for 2 million americans. the president made it clear what his top priority is in any deal. >> preventing that tax hike has been my top priority. because the last thing folks like the folks up here on the stage can afford right now is to pay an extra $2,000 in taxes next year. middle class families can't afford it. businesses can't afford it. our economy can't afford it. >> just an hour later, senate minority leader mitch mcconnell signalled his agreement with the president. >> so i agree, let's pass the tax relief portion now. let's take what's been agreed to and get moving. we all want to protect tax pairs and we can get it done now. >> however, despite what sounds like good news, there will be no vote in the house tonight even in the house reaches a deal. in fact, the senate has adjourned until tomorrow. >> joining me now when we talk a couple of hours ago, there wouldn't be a vote on either side. but maybe something from the senate tonight? quite possibly. aparentally, th
this tax deal would also create a perm naanent fix for the alternative minimum tax and extend unemployment insurance for 2 million americans. the president made it clear what his top priority is in any deal. >> preventing that tax hike has been my top priority. because the last thing folks like the folks up here on the stage can afford right now is to pay an extra $2,000 in taxes next year. middle class families can't afford it. businesses can't afford it. our economy can't afford it....
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Dec 26, 2012
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the payroll tax holiday will expire on new year's day. that means most people will start paying more taxes in each paycheck. another 21 million americans would lose federal emergency unemployment benefits and those, let's remember, are people struggling the most right now. across the entire economy going over the cliff could slow the current growth rate of 3.1% and risk sparking another recession. joining us now to break it down from washington is cnbc's john harwood. thanks for being here. >> hey, ari. >> remind us where we were before plan b, how far apart were the last comprehensive offers between the president and negotiators? >> a few hundred billion dollars, which is a lot of money, sounds like a lot of money, but in the context of a ten-year budget deal when you have some very large programs that can be tweaked one way or another, is not that much. they were within shouting distance if the speaker could bring his caucus along to support the deal that he was promoting and getting close to striking with the president, but it's clear
the payroll tax holiday will expire on new year's day. that means most people will start paying more taxes in each paycheck. another 21 million americans would lose federal emergency unemployment benefits and those, let's remember, are people struggling the most right now. across the entire economy going over the cliff could slow the current growth rate of 3.1% and risk sparking another recession. joining us now to break it down from washington is cnbc's john harwood. thanks for being here....
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Jan 1, 2013
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float the idea of a tax increase in his state. well, it's about the need to beef up the military personnel in case civil war breaks out in case president obama got elected. here's jung herks edd on that one. >> i'm thinking worst-case scenario. civil unrest, civil disobedience, civil war, maybe. we're not talking just a few riots here and demonstrations. we're talking lexington, concord, take-up-arms and get rid of the guy. the sheriff, i said are you going to back me? he said yeah, i'll back you. >> that was his idea of the worst-case-scenario. here's iowa u.s. congressman steve king with how president obama's mother managed to convince us all that her son was born in hawaii, not in kenya. >> i looked into that before he was sworn into the presidency. we look sbood the library of congress and we found the microfiche of two newspapers, only two newspapers in hawaii. each of them had published the birth of barack obama. that doesn't mean that there aren't some other explanations on how they might have announced that telegram from k
float the idea of a tax increase in his state. well, it's about the need to beef up the military personnel in case civil war breaks out in case president obama got elected. here's jung herks edd on that one. >> i'm thinking worst-case scenario. civil unrest, civil disobedience, civil war, maybe. we're not talking just a few riots here and demonstrations. we're talking lexington, concord, take-up-arms and get rid of the guy. the sheriff, i said are you going to back me? he said yeah, i'll...
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Dec 29, 2012
12/12
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as the guy that is the tax cutter. has he tored in the republicans -- factored in the republicans have control of the budget with the debt ceiling? >> i think the president is beginning to see the long-term consequences if we do increase taxes. we maybe ought to do a little celebrating here. democrats are now on board that 98% of bush's tax cuts were a good thing for america and for the economy. let's at least chalk that up as a win. i agree with senator toomey, right now unfortunately only president obama is the one man that can sign a bill into law and without him agreeing to sign a bill everybody's taxes go up. we are in a position of how do we limit the damage and i think the best way of doing that is continue to talk about what we need to do is grow the economy and that is something president obama hasn't shown any interest in doing. certainly hasn't concentrated on it in his first term. >> sean: and senator toomey, it is a little frustrating as we watch this frankly reckless irresponsible political positioning go
as the guy that is the tax cutter. has he tored in the republicans -- factored in the republicans have control of the budget with the debt ceiling? >> i think the president is beginning to see the long-term consequences if we do increase taxes. we maybe ought to do a little celebrating here. democrats are now on board that 98% of bush's tax cuts were a good thing for america and for the economy. let's at least chalk that up as a win. i agree with senator toomey, right now unfortunately...
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Jan 1, 2013
01/13
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able to afford their own lives, people being able to say whether or not they think the rich should be taxed. what matters is -- what really the issue is in american politics, and so brilliant and getting around that -- and newt was so brilliant in getting around that. i am so amazed by ingrid i'm not bothered or even frightened of him read what i am frightened of is people who don't understand your own system. i spoke at a fundraiser for obama back before he got elected. and the only thing i said was, "look, we're working hard now to get him elected. we have to work twice as hard after he gets elected to make sure what we voted for actually happens." >> i walked there picking mushrooms at the edge of dread, but don't be fooled. this is not a russian column, this is not somewhere else but here. our country moving closer to its own truth and dread, its own ways of making people disappear. i won't tell you where the place is, the dark mash of the woods meeting the unmarked strip of light. ghostwritten crossroads, leaf mold paradise i know already who wants to buy it, sell it, make it disappear
able to afford their own lives, people being able to say whether or not they think the rich should be taxed. what matters is -- what really the issue is in american politics, and so brilliant and getting around that -- and newt was so brilliant in getting around that. i am so amazed by ingrid i'm not bothered or even frightened of him read what i am frightened of is people who don't understand your own system. i spoke at a fundraiser for obama back before he got elected. and the only thing i...
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Dec 25, 2012
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with now, there are circumstances where you raise taxes. ronald reagan, you have in your are kentucky -- are give the great video. my feet are in concrete he said and being reagan, he could get away with going to the press conference one morning and saying, the sound you're hearing, is concrete breaking. because as governor, he concluded in order meet the state's requirement he no choice. but it never cost much. he was totally unfront and honest. he went to the people of california and said look here is where we are. it's a bigger mess than we thought. i can't fix it any other way. ic we have to do this. he did that after create agency -- nobody thought ronald reagan was raising taxes to create a bigger government. they thought if he needed it, it must be serious. what we have today is no innovation. no reform, no new thinking, no creativity, no hearings on waste. no hearings of better ways of doings things. you live until the age of the ipad and the iphone, and of google and a facebook and twitter, and you're faced with a federal governmen
with now, there are circumstances where you raise taxes. ronald reagan, you have in your are kentucky -- are give the great video. my feet are in concrete he said and being reagan, he could get away with going to the press conference one morning and saying, the sound you're hearing, is concrete breaking. because as governor, he concluded in order meet the state's requirement he no choice. but it never cost much. he was totally unfront and honest. he went to the people of california and said...
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Dec 28, 2012
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but i do know that the tax rates are going to expire. one of my favorite analogies and everyone said it's like 100 people are drowning and you are going to save 98 of them by only protecting them from a tax increase, 98%. and and my question is they are all drowning, right? which means raising taxes is a bad thing for everyone. why would we not save two? we would drowning be our policy? who would be in favor of a policy of drowning, raising taxes? sounds like it's a bad thing for everyone, why are they so in sis ten we raise tacks on someone? >> do you get the idea there's a discussion going on in the senate. i turn on the tv and different senators are taking to the floor and he they are speaking 209 other senators that might be there or the american people but what about in the halls of the u.s. senate? are people talk and negotiating, trying to work on solutions? >> the way it's been set up is for a few people in leadership, and i always joke i have to ask people in the media what's going on with the fiscal cliff thing because we don't
but i do know that the tax rates are going to expire. one of my favorite analogies and everyone said it's like 100 people are drowning and you are going to save 98 of them by only protecting them from a tax increase, 98%. and and my question is they are all drowning, right? which means raising taxes is a bad thing for everyone. why would we not save two? we would drowning be our policy? who would be in favor of a policy of drowning, raising taxes? sounds like it's a bad thing for everyone, why...
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Dec 27, 2012
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republicans can vote for a tax cut. democrats are in a stronger position because they have more tax cuts that they want. i would get familiar with the phrase the last train leaving the station which is always the last bill coming off capitol hill before the session ends. this gets chalked up with a lot of stuff. it could even be monday. senate has a last train leaving the station. mcconnell decides not to block amendments, gets to the floor of the senate, gets to the floor, gets passed. i don't think it's unreasonable to think that can conceivably happen. >> mike, we don't have a lot of time, but do you see that as being reasonable that mcconnell would go down that route? >> mcconnell, i don't great with steve. i've had january 10th in the pool for quite some time as the day they come to an agreement. i think the question is will the republicans have any leverage at that point to get the spending cuts and entitlement reforms that were on the table before they're going to give up their leverage? and .i think they're goin
republicans can vote for a tax cut. democrats are in a stronger position because they have more tax cuts that they want. i would get familiar with the phrase the last train leaving the station which is always the last bill coming off capitol hill before the session ends. this gets chalked up with a lot of stuff. it could even be monday. senate has a last train leaving the station. mcconnell decides not to block amendments, gets to the floor of the senate, gets to the floor, gets passed. i don't...
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Dec 29, 2012
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and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left who may please me by choosing donald trump. alex wagner, the biggest loser of 2012? >> donald trump -- >> correct, correct, you get the ipad. >> i hate to disappoint you, it is shelden addelson -- the house lost. >> steve. >> i want an ipad, but the big loser, the name for generations, the gold standard in public opinion polling. gallup, all of october, on election day said romney has an advantage, going to win this, and people are going to look more skepticalally at the gallup polls. >> let's see if silver comes up in the category, biggest winner, again, i'm going to go first, because once again, i couldn't be m
and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left...
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Dec 26, 2012
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no taxes? no deals, no compromises. no nothing. period. this is the wall that those of the tea party have raised up. they can't vote for what they campaigned against, spending money on government. and that's "hardball" for now. thanks for being with us. "politics nation" with al sharpton starts right now. >> tonight, in new york city, welcome to "politics nation" second annual revvie awards. it's the best and the worst in politics, 2012. look, all the big stars are on the red carpet. donald trump is in the unreality show category. paul ryan's pumped and ready to go. what's with the hat there? >> and what's an awards show without this guy. he survived a really rough year and he's looking just great tonight. the evening is about to get started. so take a seat before clint eastwood yells at it. sit back and enjoy the show. without further adieu, ladies and gentlemen, please welcome your master of ceremonies and the host of "politics nation," the reverend al sharpton. >> good evening. and welcome to "the revvie awards." i'm al sharpton and the
no taxes? no deals, no compromises. no nothing. period. this is the wall that those of the tea party have raised up. they can't vote for what they campaigned against, spending money on government. and that's "hardball" for now. thanks for being with us. "politics nation" with al sharpton starts right now. >> tonight, in new york city, welcome to "politics nation" second annual revvie awards. it's the best and the worst in politics, 2012. look, all the big...
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Dec 30, 2012
12/12
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the tax increase of george h.w. bush which i think was a disaster and a fundamental mistake, and when we balanced the budget for four straight years, the only time in your lifetime, we did it by cutting taxes to accelerate economic growth. so i clearly represent a different view. [applause] but i have no problem if somebody wants to break their no-tax pledge. if they are prepared to go home and explain it. but this idea that they're creating this posturing, several senators have said i'm not afraid of grover norquist. well, i just want to put in the record here i've known grover for years, i'm not afraid of grover norquist. they didn't give their pledge to grover norquist. they gave their pledge to the voters of their state. ms. now, there are circumstances where you raise taxes. ronald reagan, you have in your archives this great video. reagan campaigned at one point and said my feet are in concrete. and being reagan, he could get away with going to the press conference one morning and saying the sound you're heari
the tax increase of george h.w. bush which i think was a disaster and a fundamental mistake, and when we balanced the budget for four straight years, the only time in your lifetime, we did it by cutting taxes to accelerate economic growth. so i clearly represent a different view. [applause] but i have no problem if somebody wants to break their no-tax pledge. if they are prepared to go home and explain it. but this idea that they're creating this posturing, several senators have said i'm not...
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Dec 28, 2012
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john boehner could not even pass a tax proposal that he suggests over there where he would keep the taxes the same for everybody except people making over a million dollars a year. no, grover and the boys said no, you can't do that. so he didn't even bring it up for a vote. so i am here, i'm happy to listen to anything the speaker and the republican leader have. they have a way of getting the president, they don't need my help, i'm happy to work with them any way i can, but the way things have been going, it's not a real good escape hatch they have. they are out of town now. they will be back for two days, 48 hours, so that's where we are. Ñ k;e,e,hkaeÑ k;e,e,hkae two-thirds who starred at the four-year institution finish there. to the extent they are relying on debt to make college more affordable, they need the evidence to back it up. if the students were to hear that two-thirds of the students from this college or going to graduate or drop out with more debt than they can afford to pay, they might walk to a college that is less problematic on equal measure. but what is needed is not
john boehner could not even pass a tax proposal that he suggests over there where he would keep the taxes the same for everybody except people making over a million dollars a year. no, grover and the boys said no, you can't do that. so he didn't even bring it up for a vote. so i am here, i'm happy to listen to anything the speaker and the republican leader have. they have a way of getting the president, they don't need my help, i'm happy to work with them any way i can, but the way things have...
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Dec 26, 2012
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we have a very difficult bankruptcy tax case, nobody could say, well, you're a liberal if you want to allow the deduction by the estate, but you're a conservative if you want to require the debtor to -- i mean, it just doesn't make any sense. and most of our work concerns cases like that. but even on ones that are a little more accessible to the public generally, it's hard to pick the category. we had a case last term that hosanna to beler or case which involved the question of whether or not certain discrimination laws should be applied to religious institutions. so you could challenge the hiring or firing of a minister, for example, on the grounds that it was discriminatory. now, what's the liberal position in that? is it the view that u should extend the discrimination laws, or is it the view that you should protect the free exercise of religion to the greatest extent possible? we look at these cases and resolve them according to our best view of the law not in terms of a political or conservative agenda. now, there are ways of characterizing us that make a little bit more sense in
we have a very difficult bankruptcy tax case, nobody could say, well, you're a liberal if you want to allow the deduction by the estate, but you're a conservative if you want to require the debtor to -- i mean, it just doesn't make any sense. and most of our work concerns cases like that. but even on ones that are a little more accessible to the public generally, it's hard to pick the category. we had a case last term that hosanna to beler or case which involved the question of whether or not...
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Jan 1, 2013
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half of it's paid for by new taxes. at a minimum you'll see an amendment that says if we're not going to do sequester which was the down payment on the debt ceiling it should be with real spending cuts. >> we're getting indications from the senate they would not even look at an amended bill. mitch mcconnell, joe biden they were here until the early hours of this morning on new year's day. what happens if that -- are we going off the fiscal cliff? >> well, you know, i don't know. that'll be a decision for the senate. but quite frankly, the senate had in its power for over six months to do what they did at the stroke of midnight last night and that is amend a house bill and send it back to us. i think it's a little unreasonable for senator reid to say that something that they produced on new year's eve produced by a bunch of sleep deprived people is what we should adopt within 40 hours. >> cantor obviously you said is against the bill as it stands. boehner reserved judgment, did not say public opinion. boehner can't go ov
half of it's paid for by new taxes. at a minimum you'll see an amendment that says if we're not going to do sequester which was the down payment on the debt ceiling it should be with real spending cuts. >> we're getting indications from the senate they would not even look at an amended bill. mitch mcconnell, joe biden they were here until the early hours of this morning on new year's day. what happens if that -- are we going off the fiscal cliff? >> well, you know, i don't know....
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not even talking about state income-tax. pays for the costs of the paul in come tax with a decade. have students are nontraditional students. the half our traditional, they have a typical -- you have 10- years to pay back for the cost of the grant and 30 years of profits. is a 13%. they will all turn up not as much of federal government, but there is so the federal return to government. wises up thinking about this as a purely benefit to the student but a benefit also to the government decides financial's -- there are goods that go from 5 to education with the it is healthier, more civic -- warlock the to vote. but of good as some from a college education. we should be putting the highest priority and of the lowest possible priority. the states, the first place they cut is there or to government. we get what we sow and we think about or read our society to be in a few hundred years. not cutting the one thing that is a real embarrassment into the future. " a the thing i should say, i am sure that mark has a few things to add to, i will give you examples of a parent loan situation. i
not even talking about state income-tax. pays for the costs of the paul in come tax with a decade. have students are nontraditional students. the half our traditional, they have a typical -- you have 10- years to pay back for the cost of the grant and 30 years of profits. is a 13%. they will all turn up not as much of federal government, but there is so the federal return to government. wises up thinking about this as a purely benefit to the student but a benefit also to the government decides...
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Dec 30, 2012
12/12
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the new york times is why the economy needs tax reform. tax reform done right. higher taxes raise progressively. caller: i cannot understand why it is the bureaucrats are able to control all the american citizens. i think there ought to be term limits. if they do not do their job why don't me through all of them out and appoint somebody? they are the ones that get the point slip. the epa is pushing along. they have this right here just a few miles from me. every bit of pork barrel spending there is, their pensions would be cut. they would have to have the statements to push down the american people consider having a set of rules for them. all this does is make it harder on the middle-class. i see this every day in the east door. the government is spending all the money. host: a lot of frustration. guest: it is not always fraud and abuse. we have a deficit of $1 trillion in a budget that is about $1 trillion. we are not going to balance the budget. a lot of what your suggestion are changes in the constitution. the elected representatives are largely doing what th
the new york times is why the economy needs tax reform. tax reform done right. higher taxes raise progressively. caller: i cannot understand why it is the bureaucrats are able to control all the american citizens. i think there ought to be term limits. if they do not do their job why don't me through all of them out and appoint somebody? they are the ones that get the point slip. the epa is pushing along. they have this right here just a few miles from me. every bit of pork barrel spending...
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Dec 27, 2012
12/12
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CNNW
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the president's tax plan he campaigned on for five years which is to let the tax plan expire for households making less than $250,000. he would add unemployment insurance. the thinking here is he would potentially also add extending the estate tax cut. the estate tax has been at a relatively low level. it expires also at the ipd of the year. but, you know, this is all you know, to'ing and fro'ing right now to see if it's possible to pass anything to keep most americans' taxes where they are before the end of the year when everybody's tax go up. >> we heard from senator reid earlier today. they were dealing, in his words, with a dictatorship. are we expected to hear from him or any of the players from the hill in terms of trying to move this forward, whether it's publicly, in the public arena or privately? >> we are. we're told we should expect to hear from the senate republican leader mitch mcconnell. the senate is in and he will likely take to the floor we're told and give a status report from his perspective. what we're talking about right now in the senate is whether or not the democrats
the president's tax plan he campaigned on for five years which is to let the tax plan expire for households making less than $250,000. he would add unemployment insurance. the thinking here is he would potentially also add extending the estate tax cut. the estate tax has been at a relatively low level. it expires also at the ipd of the year. but, you know, this is all you know, to'ing and fro'ing right now to see if it's possible to pass anything to keep most americans' taxes where they are...
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Dec 27, 2012
12/12
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CSPAN
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that is why the bush tax cuts are about to expire. the same is true of the so- called the sequester. it is an across-the-board cut of $1.20 trillion focused on domestic spending, it was put in place to provide leverage to the special committee that was supposed to resolve these matters and it was supposed to be the sword of damocles that if they did not reach an agreement to sequester would drop and there would be an across-the-board cut. no distinctions, no prioritization. just cut across the board. and guess what? the special committee could not reach an agreement on an overall fiscal plan. so this sword of damocles is about to drop and put into place a policy no one thought was a good one. >> what is congress' role in this? >> i opposed it. i said this was going to lead to trouble. i laid out where i thought it would ultimately leave us, and he we are. here we are. somebody said to me today, don't you sometimes feel like, i told you so? it doesn't do any good. i wish alan greenspan would have listened to my advise what i said to hi
that is why the bush tax cuts are about to expire. the same is true of the so- called the sequester. it is an across-the-board cut of $1.20 trillion focused on domestic spending, it was put in place to provide leverage to the special committee that was supposed to resolve these matters and it was supposed to be the sword of damocles that if they did not reach an agreement to sequester would drop and there would be an across-the-board cut. no distinctions, no prioritization. just cut across the...
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Dec 31, 2012
12/12
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MSNBCW
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. >> tax reform, immigration reform, gun safety reform. three big things by the summer of next year. >> i think scott brown will run for senate again to fill john kerry's open seat and he will lose again. >> i think we're going to
. >> tax reform, immigration reform, gun safety reform. three big things by the summer of next year. >> i think scott brown will run for senate again to fill john kerry's open seat and he will lose again. >> i think we're going to
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Dec 30, 2012
12/12
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i don't care about your tax policy, you are not a moderate. >> we were not talking abortion. we had birth control on the table. >> i say this to my friends. i felt they were trying to kill me with women's policies. i'm one of those freaky people that takes birth control medicinely. i take nothing else prescription. that is all i take. so, they don't want me to take my birth control. if i get knocked up, it will kill me like shelby from "steel magnolias" but they won't let me have an abortion. apparently, birth control is 99.8% successful. i did get knocked up. i had a miscarriage but i still had to have an abortion. they would want you to wait until you went septic like the woman did in ireland. their goal was to kill me. i talked to my sisters and we decided to sink them first. >> seriously, to sink them first. when we look at the numbers, what happened? when there are ways to read the outcomes, basically women voters in this election, i think didn't feel the sense of trying to be killed, but when you saw women overall chose president obama over mitt romney, 55 to 44. there
i don't care about your tax policy, you are not a moderate. >> we were not talking abortion. we had birth control on the table. >> i say this to my friends. i felt they were trying to kill me with women's policies. i'm one of those freaky people that takes birth control medicinely. i take nothing else prescription. that is all i take. so, they don't want me to take my birth control. if i get knocked up, it will kill me like shelby from "steel magnolias" but they won't let...
SFGTV: San Francisco Government Television
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Dec 28, 2012
12/12
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SFGTV
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to one $.6 billion paid in excess taxes generated from this site. pier 70 is a bit more complicated in that it's divided into a number of districts and a master plan starting in 2,007 and the commission chose to let out pourings of this site in sort-of a segmented manner and the water personal property site is the site under contract for a city development or in development is managing the rehabilitation of the historic buildings along 20th street, we have our ship repair under least and you have heard david talk about cran copark. four city's this the process of doing due diligence for the property right now and they are concerned that it's sea level rise and the city's team will be consulting with the chief hash engine here about raising the grade of this site so it's not subject to innonedation in the future. very interesting engineering constraints at pier 70 there were slip ways built by the federal government to facility ship repairs and it's difficult to buildbled on those and that is blue line that you see here and that is demarks the only s
to one $.6 billion paid in excess taxes generated from this site. pier 70 is a bit more complicated in that it's divided into a number of districts and a master plan starting in 2,007 and the commission chose to let out pourings of this site in sort-of a segmented manner and the water personal property site is the site under contract for a city development or in development is managing the rehabilitation of the historic buildings along 20th street, we have our ship repair under least and you...
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Dec 27, 2012
12/12
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you'll have a chunk more in your payroll tax because the payroll tax cuts are expiring. and obviously, there's going to be some cuts in government services because of the sequestration, but it's not all going to take place in the next two days. >> leigh, all of us are aware of the fact that most people at the top of fortune 500 companies look at these clowns saying, you know, this is ridiculous. you couldn't run any business from a variety store to whatever the way -- where they try to run the country. is there any immediate impact on the markets next week with their inability to get anything done? >> yes. i mean, i think that's where we're going to see the biggest impact by far. i mean, yes, the payroll tax will take effect. that will be one of the most immediate things we see. but even that, it takes two weeks to adjust your paychecks. you know, we'll spend most of the time with the tax cuts, repairing, restoring, trying to solve that with some triage. the market doesn't care about any of that stuff. the market response is going to be psychological. it's going to be dr
you'll have a chunk more in your payroll tax because the payroll tax cuts are expiring. and obviously, there's going to be some cuts in government services because of the sequestration, but it's not all going to take place in the next two days. >> leigh, all of us are aware of the fact that most people at the top of fortune 500 companies look at these clowns saying, you know, this is ridiculous. you couldn't run any business from a variety store to whatever the way -- where they try to...
SFGTV: San Francisco Government Television
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Dec 30, 2012
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SFGTV
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increpts that is baseline established and growth above that baseline of what pedestrian interest tax and so it's similar to increment financing and these are at the growth and tax of project's cause that otherwise go to the taxing entities pribblely the generally fund and we hold those proceeds to repay the investment and infrastructure. so no, to the proposed policy. there has been a long tradition both in the charter and in the burton act that the harbor fund is a self supporting the port is a self supporting enterprise and the city obviously, we pay for that was we purchase from the city and we want to maintain a balance so that the 50 city is not subsidizing the hash fund for our activities and the general services that we require from the city and so we have under taken a nexxus analysis in 2004 and eight that looks at the balance of payment and the next is the methodology that ports with long term leases where the tenants pay tax they pay ampleel tax to be provided these services like any other taxpayer and so the nexxus analysis looks at the unleased land and infrastructure on
increpts that is baseline established and growth above that baseline of what pedestrian interest tax and so it's similar to increment financing and these are at the growth and tax of project's cause that otherwise go to the taxing entities pribblely the generally fund and we hold those proceeds to repay the investment and infrastructure. so no, to the proposed policy. there has been a long tradition both in the charter and in the burton act that the harbor fund is a self supporting the port is...
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Dec 28, 2012
12/12
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KGO
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tax to 7.5% for four years. california voters okayed the hike to safe schools from deeper cuts. >> i have a 17-year-old daughter and grandchildren going to be in school. whatever we've got to do, we'll dig in deeper to help. >> not everyone is happy with another tax hike. >> in the looking forward to it. this n reason for it to improve things but i never see it going towards that. >> also, help for senior citizens modeled after the amber alert a silver alert for anyone 65 or older who is missing and in great danger because of the medical conditions like alzheimer's. families typically have to wait 24 hours to file a report. >> silver alert law just super sides all of that. and puts the enforcement into action. looking for senior who's are lost. >> and in 2013 changing some driving laws. lots of californians using smart phones you'll be able to whip out proof of insurance on those devices. mike dobson loves this idea. >> is. >> this is with you all the time what. a wonderful thing f you vit with you, we can have
tax to 7.5% for four years. california voters okayed the hike to safe schools from deeper cuts. >> i have a 17-year-old daughter and grandchildren going to be in school. whatever we've got to do, we'll dig in deeper to help. >> not everyone is happy with another tax hike. >> in the looking forward to it. this n reason for it to improve things but i never see it going towards that. >> also, help for senior citizens modeled after the amber alert a silver alert for anyone...
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Jan 1, 2013
01/13
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WMAR
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under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste. >> senator mitch mcconnell said this shouldn't be the model and the senate proceed like a bull in a china closet anyway. >> reporter: if the deal is passed in the house, the president is expected to sign this, killing the tax hikes. i'm elizabeth corey done reporting. >> the senate bill's lack of spending cuts is a concern. house majority leader eric cantor said this is not over yet. >>> the new year was also the deadline to apply for the state's homestead tax credit. december 31st was the deadline this get the application in the mail but you can still turn it in tomorrow. >>> a home caught on fi
under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste....
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Dec 28, 2012
12/12
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-- on taxes? we are three days away from getting taxes raised. guest: we have seen a couple stories in recent days about the tea party influence in these talks or lack of influencing the talks. this is one of those tricky issues. a conversation is all about the deficit. the problem is how aggressive will they go after the deficit and what mix of spending cuts and tax increases will be part of the negotiations? it is a wait-and-see approach. whatever decision is made will annoy some interest groups, whether it aid charities or the housing industry or teachers, but the party. we will see some swift reaction. at this point, it's hard to know what to protest, because the deal is in flux and has fallen apart so many times. host: let another scenario on the table. a recent agreement on the fiscal cliff, another big issue will be raising the debt limit their there's also the issue of immigration,, the president wants to bring up in his state of the union. and the issue of maybe an assault weapon ban that could, and congress. some big ticket items. how i
-- on taxes? we are three days away from getting taxes raised. guest: we have seen a couple stories in recent days about the tea party influence in these talks or lack of influencing the talks. this is one of those tricky issues. a conversation is all about the deficit. the problem is how aggressive will they go after the deficit and what mix of spending cuts and tax increases will be part of the negotiations? it is a wait-and-see approach. whatever decision is made will annoy some interest...
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Dec 27, 2012
12/12
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FBC
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and lower tax rates. david: the president will not -- he did say so you, by the way. said so in july of 2011. give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates and then in september 2011, he came out with his own budget in which he said the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. the president said that just a year ago. >> ideology has trumped that practicality. brief period of practicality he had after the shellacking he took in the 2011, 2010 lech ounce is. now he is back to the old mode. we're all paying a price for it. david: okay. final question, is there any way we grow with a president who will not sign on to anything but higher tax rates for the rich? >> at best we'll have a stalled or gone 10 miles-an-hour on a super highway. david: you're not investing any of your money. >> i'm long term. i'm not going to try to time this market because when it turns it will be sudd
and lower tax rates. david: the president will not -- he did say so you, by the way. said so in july of 2011. give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates and then in september 2011, he came out with his own budget in which he said the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. the president said that just a year ago. >> ideology has trumped that...
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Dec 28, 2012
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, not a rise in taxes? >> chuck schumer brought up a good point. a key moment of these entire negotiations came on wednesday night when president obama calls mitch mcconnell, bring the republican leader in the process. what happens now is very important. as sam said, they'll be negotiating today and over the weekend in the senate. and if this $250,000 comes to the floor, if a few republicans attach themselves to what reid and obama agree to, then that means when it pose gophers to the house it has a much better chance of attracting republican support. if mitch mcconnell aligns republicans and tells everyone to oppose it in the senate republican conference, the chances of it succeeding in the house are pretty low. >> sam, is this the end of the road for grover norquist and his pledge? >> it's odd because grover was the one sort of outside government institution on the conservative side who agreed with speaker boehner's plan "b" which would have allowed taxes to go up above $1 million in income. all the other
, not a rise in taxes? >> chuck schumer brought up a good point. a key moment of these entire negotiations came on wednesday night when president obama calls mitch mcconnell, bring the republican leader in the process. what happens now is very important. as sam said, they'll be negotiating today and over the weekend in the senate. and if this $250,000 comes to the floor, if a few republicans attach themselves to what reid and obama agree to, then that means when it pose gophers to the...
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Dec 27, 2012
12/12
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WMAR
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a teacher with $43,000 a year will get a tax hike of more than $3,000 a year. a professional athlete would see his taxes go up more than 2.4 million a year. unemployment benefits for some 2 million people would expire. the nation may fall back into a recession. >>> even star bucks is getting into the fight on the fiscal cliff. their ceo wants workers to write come together on the coffee cups they serve thursday and friday. it's the company's way of telling the politicians to find common grounds. >> if people would get in the room and leave their ego behind, but be so sensitive to the'ds of the american people, we would have an agreement. >> a suggestion from the ceo. baristas won't be forced to write anything on the cup. >>> regardless of the fiscal cliff, the new year will bring new laws. same sex marriage will be allowed in maryland. that is not not the only new law. we told you about 24 hour casinos and a new law allowing veterans showing their status on drivers license. and freezing a child's credit any time they want to protect them. >>> former president g
a teacher with $43,000 a year will get a tax hike of more than $3,000 a year. a professional athlete would see his taxes go up more than 2.4 million a year. unemployment benefits for some 2 million people would expire. the nation may fall back into a recession. >>> even star bucks is getting into the fight on the fiscal cliff. their ceo wants workers to write come together on the coffee cups they serve thursday and friday. it's the company's way of telling the politicians to find...
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Jan 1, 2013
01/13
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WBAL
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after helping to broker the senate he'll keeping its bears the middle-class a tax hike, but raises taxes on those making over $400,000 a year. massive cuts to federal agencies were delayed for two months. democrats want the chance to vote on the bill as they say boehner promised. >> until now our speaker has said when the senate acts we will have a vote in the house peeping that is what he said. that is what we expect. that is what the american people deserve. >> with an opening prayer appealing for compromise, the house went into session at noon. republicans complain there's not enough deficit reduction. >> is another $1 trillion of debt on the american people. >> my district cannot afford to wait a few days and have the stock market go down 300 points tomorrow if we cannot get together and do something. >> without a deal that conduct the president, i income taxes will rise almost every american. >> new year's, new laws in maryland. game marriage became legal at midnight -- a marriage became legal at midnight this morning. david has more. >> the mayor officiated the first gay marriage a
after helping to broker the senate he'll keeping its bears the middle-class a tax hike, but raises taxes on those making over $400,000 a year. massive cuts to federal agencies were delayed for two months. democrats want the chance to vote on the bill as they say boehner promised. >> until now our speaker has said when the senate acts we will have a vote in the house peeping that is what he said. that is what we expect. that is what the american people deserve. >> with an opening...
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people are here to make tax deadline its the last day for tax write off. it's not the only reason why i donate but, why not? >> goodwill says tax write off is more an incentive in some areas than other autos research has shown it's more important in sanwó6) mateo couny n marin, it's the environment. san francisco, it's the environment. but the way we help people. >> the region is generous, people in the bay area give more than 20 million pounds of stuff each year. a good chunk comes in this week. workers here say the stuff is good. >> we get chanel, prada, we get michael kors. what you find at macy's and blooming daels you'll also find at goodwill. >> check it out. they had to bring in police officers to help with traffic. they say the turn out has been better than they expected and will be herefmj2Ñ at mission stt until 5:00 this afternoon. >> pope benedict call forward medication and reflection. 85-year-old pope says there more good news than bad news in the world even in the bad grabs more headlines and urged followers to tick a step back from negativ
people are here to make tax deadline its the last day for tax write off. it's not the only reason why i donate but, why not? >> goodwill says tax write off is more an incentive in some areas than other autos research has shown it's more important in sanwó6) mateo couny n marin, it's the environment. san francisco, it's the environment. but the way we help people. >> the region is generous, people in the bay area give more than 20 million pounds of stuff each year. a good chunk...
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Dec 25, 2012
12/12
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KGO
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is more likely we will go over the fiscal cliff following the failure of joan boehner to get higher taxes on wealthy americans. if the president and congress can't agree, government spending cuts and tax hikes will kick in automatically. market watchers feel it could push the competent back into recession. >> carolyn: instapgram has triggered a class action lawsuit. the claim was filed against facebook that owns the service. infagram that changed its terms of service. idea was abandoned after an outcry from users. lawsuit alleged they breached the contract with users in tweak that go policy. facebook has not responded to the suit. >> dan: a new requirement that forces california lawmakers to drive their own cars for legislative business is paying off. they report the state has saved $240,000, n taxpayer money since the new rule went into effect one year ago. california lawmakers were given a car paid by the state. this year that practice ended. they must drive their own cars, the savings was achieved because many legislators cut their driving habits in half. >> carolyn: big television scr
is more likely we will go over the fiscal cliff following the failure of joan boehner to get higher taxes on wealthy americans. if the president and congress can't agree, government spending cuts and tax hikes will kick in automatically. market watchers feel it could push the competent back into recession. >> carolyn: instapgram has triggered a class action lawsuit. the claim was filed against facebook that owns the service. infagram that changed its terms of service. idea was abandoned...
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Dec 27, 2012
12/12
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CSPAN
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tax immunity. they have a very cozy system of tax immunity. the tragedy is when you have an economy like greece's going to a tailspin and you have a massive immunization of national income, and the central bank is effectively kaput, you can really improve your tax collection methods because there is no income tax. people just do not make money any more. even the rich do not make money. other than the money they have already accumulated through geneva or frankfurt. they are not making money. how can you improve your tax mechanism when there's no income tax? that is the second question. the first question -- i am not worried about inflation at all. in this country, there is this fixation with quantity -- quantitative easing. bernanke's attempt to stabilize the american economy. it is a policy that i have encountered ever since i came to this country. mr. bernanke is printing money. he is not printing money. quantitative easing is not an increase in the supply of money. if it were, you could talk abou
tax immunity. they have a very cozy system of tax immunity. the tragedy is when you have an economy like greece's going to a tailspin and you have a massive immunization of national income, and the central bank is effectively kaput, you can really improve your tax collection methods because there is no income tax. people just do not make money any more. even the rich do not make money. other than the money they have already accumulated through geneva or frankfurt. they are not making money. how...
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Dec 31, 2012
12/12
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CNBC
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we've got a deal on taxes. we've got a few kinks to work out but they are quote, very, very close to a deal. tune in tonight 6:00 to 7:00 p.m. live for coverage of the fiscal cliff. myself and a cast of thousands with your latest as we count down toward the end of the year. "closing bell" coming up next. could be a big final hour of trading. bill griffith and an australian woman hosting the next hour. stay tuned anyway. >>> yeah. hang on, kids. here we go. welcome to "closing bell." i'm bill griffith. >> and i'm the australian woman. i'm mandy back at cnbc's world headquarters standing in for maria bartiromo. here we go, folks. stap yourself in. last trading hour for the whole year. the fiscal cliff, there may be a merge. we'll bring more on that. >> take a look at the charts. this tells the story in the last few minutes with mitch mcconnell on the floor saying that we are very, very close. we'll get more details from john harwood in a moment, but right now the markets are voting and they're giving thumbs up wi
we've got a deal on taxes. we've got a few kinks to work out but they are quote, very, very close to a deal. tune in tonight 6:00 to 7:00 p.m. live for coverage of the fiscal cliff. myself and a cast of thousands with your latest as we count down toward the end of the year. "closing bell" coming up next. could be a big final hour of trading. bill griffith and an australian woman hosting the next hour. stay tuned anyway. >>> yeah. hang on, kids. here we go. welcome to...
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Dec 27, 2012
12/12
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KGO
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. >> going over the fiscal cliff mean morz than higher taxes. federal workers at risk of being furloughed and unemployment benefits for two million people could expire saying the nation will fall back into a recession. there are reports hairy reed is now working on a smaller deal than the one the president negotiate yatesed with house speaker john boehner. >> the package reportedly preventing tax increases on middle class families and cut some spending programs but it's not clear such a plan could pass. >> star bucks is using its coffee cups to jump into washington politics. the world's biggest coffee chain asking employees and cafes to write something other than customer names on cups wanting workers to scribble words come together on cups this week as a message to lawmakers to settle this fiscal cliff issue. >> jipgs president morsi signed the country's new constitution into law today. >> he called on the opposition to the opposition restricted the new constitution. >> the parts were draft bid islamist leaders. morsi revoked sweeping powers he
. >> going over the fiscal cliff mean morz than higher taxes. federal workers at risk of being furloughed and unemployment benefits for two million people could expire saying the nation will fall back into a recession. there are reports hairy reed is now working on a smaller deal than the one the president negotiate yatesed with house speaker john boehner. >> the package reportedly preventing tax increases on middle class families and cut some spending programs but it's not clear...